CHART OF THE DAY: Microsoft Spends Eight Times As Much On R&D As Apple

Apple has done an incredible job growing while remaining fiscally disciplined, SAI contributor Steve Cheney wrote in a post we published yesterday. One of data points Steve used to bolster his case is Apple's low R&D spending as compared to its rivals.

We've charted it out, and as you can see, Apple's R&D spend is the second smallest in the land of tech giants.